Category: Miami Beach Condo Financing

At Fidelity Home Group, we are Miami Beach Mortgage Experts! We offer more options, more transparency and a simpler way to find the right mortgage program for your unique situation.

Miami Beach is a south Florida island city, connected by bridges to mainland Miami. Wide beaches stretch from North Shore Open Space Park, past palm-lined Lummus Park to South Pointe Park. The southern end, South Beach, is known for its international cachet with models and celebrities, and its early-20th-century architecture in the Art Deco Historic district with pastel-colored buildings, especially on Ocean Drive.

Foreclosure Numbers Today Aren’t Like 2008

Written by Miami Beach Condo Financing Syndicated User on July 25, 2023. Posted in Condo Financing Miami Beach, Distressed Properties, For Buyers, Foreclosures, Housing Market Updates, Miami Beach Condo Financing.

If you’ve been keeping up with the news lately, you’ve probably come across headlines talking about the increase in foreclosures in today’s housing market. This may have left you with some uncertainty, especially if you’re considering buying a home. It’s important to understand the context of these reports to know the truth about what’s happening today.According to a recent report from ATTOM, a property data provider, foreclosure filings are up 2% compared to the previous quarter and 8% since one year ago. While media headlines are drawing attention to this increase,...

Inside The Expected “Messi Effect” On Miami’s Economy, Including Real Estate

Written by Miami Beach Condo Financing Syndicated User on July 22, 2023. Posted in Buying & Selling Real Estate, Celebrity Real Estate, Condo Financing Miami Beach, InterMiami, Market Trends, Messi, Miami Beach Condo Financing, Real Estate Trends.

These are very exciting times! In addition to the celebrations, sports wins, and boasting to the rest of the world about our athletic prowess as a city, there is also a profound effect on the local economy. Tourism, business, jobs, and real estate will all be touched by the Messi Effect…

Real Estate Continues To Be the Best Investment [INFOGRAPHIC]

Written by Miami Beach Condo Financing Syndicated User on July 22, 2023. Posted in Condo Financing Miami Beach, First Time Home Buyers, For Buyers, Housing Market Updates, Infographics, Miami Beach Condo Financing, Move-Up Buyers.

Some HighlightsAccording to a recent Gallup poll, real estate has been voted the best long-term investment for 11 years in a row, beating gold, stocks, bonds, and more.Owning real estate means more than just having a home—it’s an investment in your future. That’s because it’s typically a stable and secure asset that tends to increase in value as time goes on.Connect with a local real estate agent if you’re ready to buy a home and invest in your future.

The Many Miami Homes Of Messi

Written by Miami Beach Condo Financing Syndicated User on July 21, 2023. Posted in Celebrity Real Estate, Condo Financing Miami Beach, Luxury Condos, Messi, Miami Beach Condo Financing, Miami Celebrity Real Estate, Neighborhoods.

Messi is quite a seasoned Miami real estate investor, with an impressive portfolio of income-producing trophy properties, but where will he live with his family during his time playing for InterMiami? We will dig into each property he has purchased in recent years and explore possible locations for the family…

Owning Your Home Helps You Build Wealth

Written by Miami Beach Condo Financing Syndicated User on July 21, 2023. Posted in Buying Myths, Condo Financing Miami Beach, First Time Home Buyers, For Buyers, Miami Beach Condo Financing, Rent vs. Buy.

You may have heard some people say it’s better to rent than buy a home right now. But, even today, there are lots of good reasons to become a homeowner. One of them is that owning a home is typically viewed as a good long-term investment that helps your net worth grow over time.Homeownership Builds Wealth Regardless of Income LevelYou may be surprised to learn homeowners across various income levels have a much higher net worth than renters who make the same amount. Data from First American helps illustrate this point (see graph below):What makes wealth so much higher for homeowners? A...

Architectural Digest’s List Of Top Miami Interior Designers

Written by Miami Beach Condo Financing Syndicated User on July 20, 2023. Posted in Architerctural Digest, Condo Financing Miami Beach, Design & Architecture, Miami Beach Condo Financing, Miami Interior Design.

With the influx of new residents in the Magic City, we have seen an uptick in the need for skilled interior designers who embody our signature style and add their own touch of flare. Here are the top Miami-based interior designers that were chosen by Architectural Digest…

Explaining Today’s Mortgage Rates

Written by Miami Beach Condo Financing Syndicated User on July 20, 2023. Posted in Condo Financing Miami Beach, For Buyers, Housing Market Updates, Interest Rates, Miami Beach Condo Financing.

If you’re following mortgage rates because you know they impact your borrowing costs, you may be wondering what the future holds for them. Unfortunately, there’s no easy way to answer that question because mortgage rates are notoriously hard to forecast. But, there’s one thing that’s historically a good indicator of what’ll happen with rates, and that’s the relationship between the 30-Year Mortgage Rate and the 10-Year Treasury Yield. Here’s a graph showing those two metrics since Freddie Mac started keeping mortgage rate records in 1972:As the graph shows, historically, the average spread...

Miami As An Emerging Global City – Banco Santander’s Expansion Into Coconut Grove

Written by Miami Beach Condo Financing Syndicated User on July 19, 2023. Posted in Around Town, Banco Santander, Coconut Grove, Condo Financing Miami Beach, Market Trends, Miami Beach Condo Financing, Neighborhoods.

Santander Group’s recognition of Coconut Grove is a feather in our cap as we continue to evolve, and we are proud that we can offer the lifestyle they seek for a successful new workspace for their new tech department…

Homebuyers Are Getting Used to the New Normal

Written by Miami Beach Condo Financing Syndicated User on July 19, 2023. Posted in Condo Financing Miami Beach, For Sellers, Housing Market Updates, Interest Rates, Miami Beach Condo Financing, Selling Myths.

Before you decide to sell your house, it’s important to know what you can expect in the current housing market. One positive trend right now is homebuyers are adapting to today’s mortgage rates and getting used to them as the new normal.To better understand what’s been happening with mortgage rates lately, the graph below shows the trend for the 30-year fixed mortgage rate from Freddie Mac since last October. As you can see, rates have been between 6% and 7% pretty consistently for the past nine months:According to Lawrence Yun, Chief Economist at the National Association of Realtors...

Miami Spice 2023 | Restaurants To Try In Coconut Grove

Written by Miami Beach Condo Financing Syndicated User on July 18, 2023. Posted in Around Town, Coconut Grove, Condo Financing Miami Beach, Miami Beach Condo Financing, Miami Spice, Neighborhoods, Things to do.

For 2023, there are a record 208 local restaurants participating in Miami Spice, which runs from August 1 – September 30 each year. These are our favorite choices from the Coconut Grove area with details of their Miami Spice Lunch, Brunch and/or Dinner offerings for this year.